Head of Internal Audit - Bahraini National

Propel Consult

Manama, Bahrain

Posted
Ref: LP127-2551

Job description / Role

Employment: Full Time

Our client is a long-established leader in the Arabian Gulf's business landscape and have consistently championed the private sector's growth, playing a key role in regional economic prosperity. This organization remains dedicated to advocating for its members and spearheading important economic initiatives. They are currently looking to hire a Head of Internal Audit to be based in Bahrain.

• Lead Internal Audit’s change initiative by implementing action plans related to risk assessment and annual planning, audit execution, audit reporting, staff recruiting and development, audit technology, and Audit Committee reporting.
• Lead Internal Audit’s annual risk assessment and enterprise risk assessment and planning process to develop the audit plan and ensure the plan is responsive to and aligned with the risk profile of the organization.
• Oversee the execution of individual audits defined in the audit plan ensuring the highest level of service quality and client satisfaction.
• Issue all Internal Audit reports ensuring the reports are clear, concise, identify root causes with practical solutions, and ultimately provide value to management.
• Meet regularly with the Audit Committee to report the status of Internal Audit’s ongoing monitoring activities, educate/inform the committee of emerging risks and/or exposures (whether internal or external to the company) that should be considered, and serve as a “thought leader” with respect to risk management and internal control best practices.
• Proactively inform senior management of significant risks or exposures related to internal controls, compliance, and/or governance requiring prompt attention.

Salary:
BHD 1,500 to 2,000 per month inclusive of fixed allowances.

Requirements

• Bachelor’s degree in accounting & finance or other closely related field.
• Certified Internal Audit (CIA) - preferably
• Master’s Degree – An added advantage.
• Minimum 6 + years of experience in internal audit, 3 years in a management role.
• Well-versed in speaking and writing (Arabic & English).
• Deep understanding of Internal Audit Profession.
• Expertise in risk assessment techniques, including identifying, analyzing, and evaluating risks within an organization.
• Proven ability to manage and prioritize multiple audit projects simultaneously.
• Knowledge of Accounting and Finance Principles and Practices
• Knowledge of a variety of reporting procedures, regulations, and law

About the Company

Propel Consult delivers a service in step with the needs of both our client companies and candidates. Our ability to add value to all levels of recruitment stems from our wholehearted belief in providing a professional service to both parties. We have built relationships with many leading indigenous and mulitnational organisations throughout the Middle East and internationally in countries such as UAE, Qatar, Saudi Arabia, Oman, Bahrain, Kuwait, Egypt and many more. Concentrating our resources has created 5 distinct specialist divisions:

  • Banking & Finance
  • Human Resources
  • Oil & Gas
  • Construction
  • Architecture & Engineering

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